Arizona Metropolitan Trust

Client Description

The City of El Mirage had worked under the restrictions of traditional insurance for years and began to feel that there must be better options they had yet to consider. Staff visionaries reached out to determine if there were any viable alternatives, for which ECA conducted a feasibility study to determine the benefit from the formation of a regional employee benefit pool. They discovered that a self-funded benefit option could potentially save the entities a significant amount of money annually, and that they would be able to have more control and a more flexible benefit offering to the employees on the plan. Arizona Metropolitan Trust (AzMT) was formed in 2012, with four Phoenix area cities and towns has since grown to eight entities covering over 2,000 employees and already achieved over $10 million in surplus with highly competitive benefit offerings and plenty of room to grow.